Financial News
Actor Verne Troyer, who played 'Mini-me' on Austin Powers movies, dies at 49: reportsExternal Link

Verne Troyer, the actor known best for his portrayal of Mini-Me inAustin Powers, has died at 49, according to a statement on his Facebook page and media reports. Earlier this month, reports indicated that he was rushed to hospital, with a report by TMZ saying that the actor was "extremely upset, drunk and suicidal."

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Sat, 21 Apr 2018 20:40:55 GMT
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North Korea says it will suspend missile tests, close nuclear test siteExternal Link

North Korea says it will suspend nuclear and missile tests and shut down its nuclear test site, according to media reports citing North Korea's Korean Central News Agency early Saturday. The announcement comes days ahead of a scheduled summit meeting between North Korean leader Kim Jong Un and South Korean President Moon Jae-in. According to KCNA, Kim said that "under the proven condition of complete nuclear weapons, we no longer need any nuclear tests, mid-range and intercontinental ballistic rocket tests, and that the nuclear test site in northern area has also completed its mission."

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Fri, 20 Apr 2018 23:02:48 GMT
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SmugMug acquires Verizon-owned FlickrExternal Link

Verizon Communications Inc. has sold its Flickr unit to privately held SmugMug Inc. for an undisclosed sum, USA Today reported late Friday. Verizon stock was up a fraction in the extended session Friday after closing down 1.1% to $47.90 during regular trading. Verizon bought Yahoo Inc. for $4.5 billion last year and the acquisition included the Yahoo-owned Flickr, among other web properties. Verizon since joined Yahoo and other assets into its Oath subsidiary. Flickr was founded in 2004. It currently has 75 million registered members and has played a central role in the cultural and social life of the internet, USA Today reported. SmugMug is a family-run organization. Verizon stock is down 10% this year, as the S&P 500 index has gained less than 1%.

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Fri, 20 Apr 2018 21:47:41 GMT
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Throw out your romaine lettuce, CDC says, expanding E. coli warningExternal Link

Throw out any romaine lettuce you have now unless you know where it came from, the Centers for Disease Control and Prevention said late Friday. The agency said it was expanding its warning about romaine lettuce contaminated with E. coli to cover all lettuce that was grown around Yuma, Ariz. "Do not buy or eat romaine lettuce at a grocery store or restaurant unless you can confirm it is not from the Yuma, Arizona, growing region," the CDC said, adding, "Unless the source of the product is known, consumers anywhere in the United States who have any store-bought romaine lettuce at home should not eat it and should throw it away, even if some of it was eaten and no one has gotten sick." According to the agency, 53 people across 16 states have been infected with the E. coli strain O157:H7 connected with romaine lettuce, and 31 have been hospitalized with five of those experiencing kidney failure. No deaths have been reported, the CDC said. The CDC originally issued warnings about the romaine lettuce E. coli outbreak last week.

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Fri, 20 Apr 2018 21:24:19 GMT
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Typical Walmart worker makes $19,177 a yearExternal Link

The chief executive officer of Walmart Inc. makes 1,188 times the typical worker, according to a Securities and Exchange Commission filing late Friday. In fiscal 2018 the median worker compensation was $19,177, and CEO Douglas McMillon's total compensation was $22.8 million. Walmart excluded about 90,000 employees outside of the U.S. from countries such as Costa Rica, Guatemala, and South Africa, after which the company took into account the remaining 2.2 million workers in its employ when determining the median compensation. Firms are reporting their CEO pay in comparison to the median worker for the first time because of a 2015 rule mandated by the Dodd-Frank act. Walmart stock was flat in the extended session after closing down 1% to $86.98. Walmart stock has lost 12% this year, as the S&P 500 index has gained less than 1%.

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Fri, 20 Apr 2018 20:57:53 GMT
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